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This paper explores the link between an environmental policy and economic growth employing an extension of the Neoclassical Growth Model. We include a state equation to renewable natural resources, and consider natural resources as a component of the aggregate productivity. It is assumed that...
Persistent link: https://www.econbiz.de/10005001619
Persistent link: https://www.econbiz.de/10005028635
Regarding the importance of fiscal policy in smoothing the impact of shocks such as the international financial and economic crises, the paper analyzes the sustainability of the Brazilian fiscal policy by taking into consideration the possibility of multiple endogenous structural breaks on the...
Persistent link: https://www.econbiz.de/10011858405
This paper explores the link between an environmental policy and economic growth employing an extension of the Neoclassical Growth Model. We include a state equation to renewable natural resources, and consider natural resources as a component of the aggregate productivity. It is assumed that...
Persistent link: https://www.econbiz.de/10005699573
Persistent link: https://www.econbiz.de/10011450748
Regarding the importance of fiscal policy in smoothing the impact of shocks such as the international financial and economic crises, the paper analyzes the sustainability of the Brazilian fiscal policy by taking into consideration the possibility of multiple endogenous structural breaks on the...
Persistent link: https://www.econbiz.de/10011865145
Analyzing the income differentials amongst the Brazilian workers' occupations is the focus of this paper. Due to the wide diversity of occupations cataloged by the IBGE (around 800), a theoretical procedure is applied to reduce them to only seven in order to allow statistical treatment of the...
Persistent link: https://www.econbiz.de/10011865359
Persistent link: https://www.econbiz.de/10012216247
In Brazil, even though school participation is compulsory for children between 7 to 14 years old, some of them are not enrolled in the education system. One of the main reasons is their participation to the work market that may have an impact on their health. Moreover, child's school attendance...
Persistent link: https://www.econbiz.de/10004968468
In the presence of an optimally designed unemployment bene.t system we show that it is optimal for the government to encourage human capital acquisition. The driving force of this result is the complementarity between human capital and labor-market- oriented behavior. If policy includes...
Persistent link: https://www.econbiz.de/10004968483